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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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THE OLD FORT BANKING COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE OLD FORT BANKING COMPANY |
| Address | 8034 MAIN STREET
OLD FORT, OH 44861 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 151 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,499,000 |
| Average Mortgage Loan Amount Applied For | $143,428 |
| Highest Mortgage Loan Amount Applied For | $657,000 |
| Average Applicant Income | $96,357 |
| Highest Applicant Income | $1,051,000 |
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| Home Improvement |
1 | $144,000 |
$144,000 | $144,000 |
$127,000 | $127,000 |
| Home Purchase |
108 | $11,276,000 |
$104,000 | $657,000 |
$66,000 | $393,000 |
| Refinancing |
79 | $8,568,000 |
$108,000 | $410,000 |
$71,000 | $1,051,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
3 | $200,000 |
$66,000 | $90,000 |
$88,000 | $194,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $782,000 |
$391,000 | $657,000 |
$65,000 | $88,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
183 | $19,006,000 |
$103,000 | $417,000 |
$68,000 | $1,051,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
177 | $19,055,000 |
$107,000 | $657,000 |
$70,000 | $1,051,000 |
| FHA-insured (Federal Housing Administration) |
11 | $933,000 |
$84,000 | $176,000 |
$43,000 | $78,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
45 | $4,191,000 |
$93,000 | $190,000 |
$38,000 | $78,000 |
| Application Withdrawn By Applicant |
38 | $4,472,000 |
$117,000 | $410,000 |
$55,000 | $273,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
98 | $10,690,000 |
$109,000 | $657,000 |
$89,000 | $1,051,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
6 | $570,000 |
$95,000 | $150,000 |
$43,000 | $72,000 |
| Preapproval Denied by Financial Institution |
1 | $65,000 |
$65,000 | $65,000 |
$1,000 | $1,000 |
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| Collateral |
1 | $60,000 |
$60,000 | $60,000 |
$42,000 | $42,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $759,000 |
$84,000 | $137,000 |
$36,000 | $60,000 |
| Debt-To-Income Ratio |
5 | $528,000 |
$105,000 | $137,000 |
$39,000 | $72,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $299,000 |
$74,000 | $85,000 |
$32,000 | $44,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $73,000 |
$73,000 | $73,000 |
$36,000 | $36,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE OLD FORT BANKING COMPANY by:
Metropolitan Area And
County
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